398 The Preserve Trail
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$899,000
↓ $21K
(2.3%) | |
| Price Decreased | |||
| Jun 28, 2024 | Listed by Compass -- Raleigh | $920,000 | |
| Listed by Compass -- Raleigh | |||
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Discover your dream home in this elegant all-brick residence, perfectly situated overlooking the 8th fairway. This luxurious property offers the perfect blend of comfort, style, and modern amenities. Enter the grand first floor and find a lavish primary suite complete with a cozy sitting room, dual walk-in closets, and a spa-like bathroom featuring separate tile tub and shower. The heart of the home is the stunning two-story family room, bathed in natural light, creating a warm and inviting space for gatherings. Adjacent, you'll find a chef's dream kitchen boasting exquisite furniture detailing, sleek granite countertops, and convenient roll-out cabinets. Top-of-the-line stainless steel appliances, including a double oven and downdraft cooktop, make entertaining a breeze. A spacious walk-in pantry and butler's pantry with a wine fridge complete this gourmet space. Ascend to the second floor to discover four generously sized bedrooms and an enormous bonus room, perfect for a home office, gym, or entertainment area. For those who love to relax and enjoy the outdoors, a tranquil sunroom and deck await, complete with a gas line for effortless grilling. Located just minutes from the picturesque Jordan Lake, this home offers the perfect balance of luxury living and natural beauty. Don't miss this opportunity to make this exceptional property your own!
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| Oct 1, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017